June 08, 2018 239By Nathan Bentley
"We’re seeing some academic institutions getting involved on a limited basis for strategic reasons. I can’t say the names of [the academic institutions] because that’s attorney-client but we have people mostly on the East Coast that have begun doing investments in this space on a fairly modest basis."Moreover:
“There are investors but at this point, investors are putting in very small percentages of their net worth as we would expect and as I believe is appropriate. We see academia as a tie between these somewhat young and enthusiastic fund managers and capital raising.”You can see the full report for yourself, here- https://www.businessinsider.de/universities-invest-cryptocurrency-2018-6?r=US&IR=T What does this mean? Well, Lore has evidence that such institutions are investing in cryptocurrencies as some of his clients are directly working with him as a part of these investments. In turn, this proves that at least some mainstream institutions within academia are showing an interest in crypto-investment. If these small investments prove to be of worth, we can expect bigger investments to follow. As these spread, more academic institutions will get on board. Simply put then, should these investments go well, other industries may start to gather a more prolific interest in cryptocurrency investment. In turn and all things considered, these small investments by some Universities now, could start a chain reaction of big institutional investment, should this small, frankly experimental phase prove to be worthwhile. Tie this in with the theories that state the next bull run will be driven by institutional investment, and you’ve got yourself a perfect climate within which, cryptocurrencies will indeed rise and moreover, mainstream adoption becomes somewhat more achievable.